Conclusions

Hudson Mtegha () and Akua Debrah ()
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Hudson Mtegha: School of Mining Engineering, University of the Witwatersrand
Akua Debrah: Wits Mining Institute, University of the Witwatersrand

Chapter Chapter 9 in Mining Law and Economic Policy, 2022, pp 151-156 from Springer

Abstract: Abstract Africa is endowed with abundant mineral resources. Striking the balance between attracting investment, which is mostly the realm of the private sector, and maximizing benefits to society is a delicate exercise. Governments assert Permanent Sovereignty over Natural Resources by imposing obligations, while at the same time providing the right interactions between stakeholders. There are similar national and sector objectives among countries, but approaches differ. Alternative approaches were investigated in the selected countries. The approaches differ due to evolution of laws, which are a response to tensions between the diverse stakeholders. Challenges are attributed to the nature of implementation of these approaches. The South African Mining Charter may be varied for domestication by any country or the use of Community Development Agreements to achieve this, which provide capacity for communities in improving relationships with other stakeholders.

Keywords: Permanent sovereignty over natural resources; Stakeholders; Implementation approaches; Development; Capacity building (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-07048-8_9

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DOI: 10.1007/978-3-031-07048-8_9

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